Full Issue:

In a webcast address May 8 from Northern Virginia, Lyndon LaRouche discussed first
the immediate crisis the world faces, and the unique opportunity presented by the
Cantwell-McCain amendment in the U.S. Senate, which calls for reinstating the Glass-Steagall
law. “The people behind McCain-Cantwell and so forth,” LaRouche said, “are acting
not as factitious politicians, they’re acting as patriots. And the guys who oppose
them are not acting as patriots! Because, if the British system goes down, the euro
system goes down—as it will go down—one way or the other, it’s doomed! This system
is finished, and nobody can save it.”

The second part of his presentation was a scientific discussion of what we can (and
must) do next, if we succeed in getting the Glass-Steagall amendment passed.

National

Lyndon LaRouche said on May 18 that the U.S. Senate’s passage of the Glass-Steagall
separation of commercial and investment banking is an essential step toward global
recovery. “If the Senate forces through the Cantwell-McCain amendment, and the President
is forced to sign it into law,” he said, “despite his own desperate efforts to kill
the amendment, then this will create the opportunity for several crucial European
countries to break free from the total breakdown collapse they now face.”

World News

Europe’s experiment with a currency union without political unity must be declared
a failure, and the states of Europe must restore sovereign control over their own
currencies and economic policy. If that is not done, tensions between the states will
increase further, and hyperinflation like that of Weimar 1923 threatens to reemerge
soon.